Billions of dollars are trading hands on sites like Polymarket and Kalshi, where people bet on everything from Taylor Swift’s wedding date to election outcomes.
Category: Regulation and Deregulation of Industry
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Powell, an Unlikely Foil, Takes On Trump
Jerome H. Powell, the chair of the Federal Reserve, this week tapped a groundswell of support that has been years in the making.
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Uber’s Quest to Crack Japan Leads Through a Rural Hot-Springs Town
The ride-hailing giant’s chief executive has made a bet on how it can finally grab a bigger piece of one of the world’s largest taxi markets.
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Coinbase, the Biggest U.S. Crypto Company, Asserts Its Power in Washington
The top executive of the crypto exchange Coinbase scuttled a planned Senate committee vote on a major cryptocurrency bill after voicing his concerns, a sign of the company’s clout.
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Earnings Fall Short at Bank of America, Citi, JPMorgan and Wells Fargo
This week, Bank of America, Citi, JPMorgan and Wells Fargo released fraught earnings reports as President Trump’s threatened cap on credit card rates loomed large.
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Coinbase and the Crypto Revolt Against a Crypto Bill
Legislation to establish a regulatory framework for digital tokens has been thrown into turmoil — by one of its biggest champions.
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In a Risky Gambit, Trump Tries Brute Force to Lower Prices
To assuage cost-weary voters and combat inflation, the president has resorted to a mix of threats and punishments, targeting companies and policymakers alike.
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Initial Obamacare Enrollment Drops by 1.4 Million as Expiring ACA Subsidies Drive Up Premiums
That number could increase significantly as more consumers are faced with higher bills brought on by expiring premium subsidies.
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JPMorgan Made Less Money Last Year, Facing Pressure on Multiple Fronts
The nation’s largest bank earned $57 billion in 2025, but Jamie Dimon, its chief executive, said “the benefits of deregulation” would help in the future.
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Facing Political Pressure, Trump Seeks Answer to Rising Housing Costs
White House officials have explored a vast array of ideas as the president looks to unfurl a housing affordability plan at an economic conference this month.